Over a million take advantage of extra time to file self assessment returns

Mar 07, 2022

HMRC has revealed that more than one million taxpayers filed their late tax returns in February – taking advantage of the extra time to complete their self assessment without facing a penalty.

About…

Read more

MPs call for road pricing to replace motoring taxes

Mar 07, 2022

The government must overhaul motoring taxes as it phases out new diesel and petrol vehicles, according to MPs.

MPs on the Transport Committee say the government must come up with new policy…

Read more

HMRC raises late payment interest rate

Mar 07, 2022

Following the decision by the Bank of England to increase the base rate, HMRC has confirmed that the late payment interest rate rose a quarter of a percent.

The increase applies from 14 February…

Read more

Two freeports planned for Scotland

Mar 07, 2022

A partnership agreement to establish two green freeports in Scotland has been reached between the Scottish and UK governments.

The locations for the freeports have not yet been decided and there…

Read more

Businesses urged to apply for remaining COVID-19 support grants

Mar 07, 2022

Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities.

Hospitality, leisure and accommodation businesses can still apply for one-off…

Read more

Coronavirus SSP Rebate Scheme set to close on 17 March

Mar 07, 2022

The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17‌‌‌ ‌March‌‌‌ ‌2022.

The SSPRS was reintroduced by the government on 21 December 2021 for employers with fewer than 250 employees.

The…

Read more

Spring Statement is the time to act, says CBI

Mar 07, 2022

The Chancellor must act at the Spring Statement or risk the UK economy drifting backwards to low growth, warns the Confederation of British Industry (CBI).

The Spring Statement will take place…

Read more

No 'convincing case' for digital UK currency, says House of Lords committee

Feb 07, 2022

Creating an official digital currency in the UK could pose significant risks to the financial stability of banks, a House of Lords committee has warned.

The Lords Economic Affairs Committee…

Read more

Claims portal reopens for Statutory Sick Pay Rebate Scheme

Feb 07, 2022

HMRC has reopened a claims portal for small employers to again claim refunds for coronavirus (COVID-19)-related sick pay.

The reopening follows the announcement of the reintroduction of the…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up